Sovereign Metals Ltd (ASX: SVM) Share Price and News

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Sovereign Metals Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $309.65 million
P/E Ratio N/A
Dividend Yield 0.00%
Shares Outstanding 563.00 million
Earnings per share -0.007
Dividend per share N/A
Year To Date Return 16.30%
Earnings Yield N/A
Franking -
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as at 24 Feb 3:44pm

  • Sovereign Metals Ltd (ASX: SVM)
    Latest News

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    Insiders have been cashing in their shares. Here's what you need to know.

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    Share Gainers

    Why Bravura, ResMed, Sayona Mining, and Sovereign Metals shares are racing higher

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    Resources Shares

    Why the Sovereign Metals (ASX:SVM) share price spiked today

    The rutile explorer surged by almost 12% but struggled to hold onto its morning gains.

    Read more »

    Worker surveying large mine in Africa
    Share Gainers

    Here's why the Sovereign Metals (ASX:SVM) share price is up 14%

    Sovereign Metals' Kasiya project is chasing the title of largest rutile deposit on earth. And they're not far off it.

    Read more »

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    SVM ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About Sovereign Metals Ltd

    Sovereign Metals Ltd is a mineral exploration company. It is engaged in the mineral exploration, identification, and appraisal of resource projects. The company's only operating segments being an exploration in Malawi.

    SVM Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    20 May 2024 $0.55 $0.02 3.74% 1,254,526 $0.54 $0.58 $0.54
    17 May 2024 $0.54 $0.00 0.00% 334,291 $0.53 $0.54 $0.52
    16 May 2024 $0.54 $0.01 1.89% 617,383 $0.53 $0.54 $0.53
    15 May 2024 $0.53 $0.01 1.92% 277,562 $0.52 $0.53 $0.51
    14 May 2024 $0.52 $0.01 1.94% 594,717 $0.52 $0.52 $0.51
    13 May 2024 $0.52 $-0.02 -3.74% 460,247 $0.53 $0.53 $0.52
    10 May 2024 $0.54 $0.03 5.88% 464,167 $0.52 $0.54 $0.52
    09 May 2024 $0.51 $-0.01 -1.92% 206,530 $0.51 $0.52 $0.51
    08 May 2024 $0.52 $0.02 3.96% 218,138 $0.52 $0.52 $0.51
    07 May 2024 $0.51 $-0.01 -1.96% 290,327 $0.51 $0.51 $0.50
    06 May 2024 $0.51 $0.02 4.08% 331,715 $0.50 $0.52 $0.50
    03 May 2024 $0.49 $0.01 2.08% 244,106 $0.49 $0.50 $0.48
    02 May 2024 $0.48 $-0.01 -2.06% 213,596 $0.50 $0.50 $0.48
    01 May 2024 $0.49 $-0.02 -4.00% 336,871 $0.50 $0.51 $0.48
    30 Apr 2024 $0.50 $0.02 4.12% 98,522 $0.50 $0.51 $0.49
    29 Apr 2024 $0.49 $-0.04 -7.69% 424,018 $0.50 $0.50 $0.48
    26 Apr 2024 $0.52 $0.01 1.96% 342,556 $0.51 $0.52 $0.50
    24 Apr 2024 $0.51 $-0.01 -1.92% 331,692 $0.51 $0.52 $0.51
    23 Apr 2024 $0.52 $0.04 8.25% 755,799 $0.50 $0.56 $0.50

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    27 Mar 2024 Julian Stephens Sell 3,000,000 $1,430,000
    As advised by the company. Special crossing trade to settle outstanding
    personal tax obligations
    24 Nov 2023 Benjamin Stoikovich Issued 850,000 $361,250
    Issue of securities. 14,50,000 Rights
    24 Nov 2023 Mark Pearce Issued 650,000 $276,250
    Issue of securities. 9,50,000 Rights
    24 Nov 2023 Nigel Jones Issued 250,000 $106,250
    Issue of securities. 5,50,000 Rights
    29 Sep 2023 Julian Stephens Buy 900,000 $369,000
    Conversion of securities.
    29 Sep 2023 Julian Stephens Exercise 900,000 $369,000
    Conversion of securities. 1,200,000 Performance Rights
    29 Sep 2023 Mark Pearce Exercise 225,000 $92,250
    Conversion of securities. 3,00,000 Performance Rights
    29 Sep 2023 Mark Pearce Buy 225,000 $92,250
    Conversion of securities.
    29 Sep 2023 Nigel Jones Buy 225,000 $92,250
    Conversion of securities.
    29 Sep 2023 Nigel Jones Exercise 225,000 $92,250
    Conversion of securities. 300,000 Performance Rights
    29 Sep 2023 Benjamin Stoikovich Buy 600,000 $246,000
    Conversion of securities.
    29 Sep 2023 Benjamin Stoikovich Exercise 600,000 $246,000
    Conversion of securities. 600,000 Rights

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr Mark Laurence Pearce Non-Executive Director Jul 2006
    Mr Pearce is currently a director of several listed companies that operate in the resources sector. He has had experience in the formation and development of listed resource companies. Mr Pearce is also a Fellow of the Institute of Chartered Secretaries and a member of the Financial Services Institute of Australasia. Mr Pearce was appointed a Director of Sovereign Metals Limited on 20 July 2006. During the three year period to the end of the financial year, Mr Pearce has held directorships in Constellation Resources Limited (July 2016-present), GreenX Metals Limited (August 2011-present), Equatorial Resources Limited (November 2009-present), GCX Metals Limited (June 2022-present), NGX Limited (April 2021-present), Peregrine Gold Limited (September 2020-February 2022), Odyssey Gold Limited (September 2005-August 2020), Salt Lake Potash Limited (Receivers and Managers Appointed) (August 2014-October 2020) and Apollo Minerals Limited (July 2016-February 2021).
    Mr Ian Peter Middlemas Non-Executive DirectorNon-Executive Chairman Jul 2006
    Mr Middlemas worked for a large international Chartered Accounting firm before joining the Normandy Mining Group where he was a senior group executive for approximately 10 years. He has had corporate and management experience, and is currently a director of a number of publicly listed companies in the resources sector. Mr Middlemas was appointed a Director of Sovereign Metals Limited on 20 July 2006. During the three year period to the end of the financial year, Mr Middlemas has held directorships in Constellation Resources Limited (November 2017-present), Apollo Minerals Limited (July 2016-present), GCX Metals Limited (October 2013-present), Berkeley Energia Limited (April 2012-present), GreenX Metals Limited (August 2011-present), NGX Limited (April 2021-present), Salt Lake Potash Limited (Receivers and Managers Appointed) (January 2010-present), Equatorial Resources Limited (November 2009-present), Odyssey Gold Limited (September 2005-present), Piedmont Lithium Limited (September 2009-December 2020) and Peregrine Gold Limited (September 2020-February 2022).
    Dr Julian Stephens Non-Executive Director Jan 2016
    Dr Stephens originally identified and secured the Malawi properties acquired by Sovereign in 2012. He has since been closely involved with the exploration and development of these projects, including the discovery of the Kasiya rutile deposit. Dr Stephens has experience in the resources sector having spent in excess of 25 years in board, executive management, senior operational and economic geology research roles for a number of companies. He has spent over a decade working on African projects, particularly projects in Malawi. Dr Stephens was appointed a Director of Sovereign Metals Limited on 22 January 2016 and subsequently appointed Managing Director on 27 June 2016. During the three year period to the end of the financial year, Dr Stephens did not hold any other directorships in publicly listed companies
    Mr Benjamin Stoikovich Non-Executive Director Oct 2020
    Mr Stoikovich is an experienced mining executive and corporate finance professional residing in London. Mr Stoikovich was formerly a Director of the Mining and Metals Corporate Finance Division of Standard Chartered Bank in London, with experience in financing the development of African mining projects and exposure to the mineral sands sector. Mr Stoikovich started his career as a mining engineer with BHP Billiton in Australia, gaining broad experience across mine operations management and qualifying as a mine manager. He holds a post graduate degree in Environmental Engineering and UK professional designation as a Chartered Environmentalist (CEnv) with wide ranging experience of managing the environmental, social and sustainability aspects of mining projects across the life-cycle and the ESG requirements of the investment community. Mr Stoikovich was appointed a Director of the Company on 13 October 2020. During the three year period to the end of the financial year, Mr Stoikovich held a directorship in GreenX Metals Limited (June 2013-present)
    Mr Nigel Jones Non-Executive Director Feb 2022
    Mr Jones has over 30 years of mining industry experience with 22 years in a number of senior roles at Rio Tinto Group, where most recently, Mr Jones was Managing Director of Rio Tinto's Simandou iron ore project, one of the world's proposed mining developments. In this role, he was accountable for all aspects of the project's development, including its complex ESG strategy. Such aspects included impacts on natural ecosystems, biodiversity, and community and government relations. Mr Jones was also a member of the senior leadership team of the Energy and Minerals product group, which incorporated Rio Tinto's titanium dioxide feedstock businesses in Canada and southern Africa. Prior roles in Rio Tinto included Head of Business Development, Head of Business Evaluation and Managing Director of the group's Marine operations. Mr Jones was appointed a Director of Sovereign Metals Limited on 10 February 2022. During the three year period to the end of the financial year, Mr Jones held a directorship in Berkeley Energia Limited (June 2017-November 2020)
    Mr Francis(Frank) Eagar Chief Executive OfficerManaging Director Oct 2023
    Mr Eagar has over 20 years experience in the financing, permitting, development and operation of mining projects with a focus in southern Africa. Mr Eagar has corporate, commercial and technical experience in the mining sector throughout his career. Mr Eagar has previously held several senior executive positions in the resources sector, more recently with African mining focused private equity firm AMED Funds, which included acting as Chief Financial Officer (CFO) for AMEDs controlled company, Central Copper Resources PLC (Central Copper). Prior to Central Copper, Mr Eagar was the CEO (and prior to that the CFO) of Baobab Steel Limited (Baobab) another AMED controlled company. Mr Eagar joined Sovereign in December 2022 as General Manager in Malawi, where he has already expanded the team with a focus on Malawian nationals, developed strong relationships with Government and demonstrated a clear understanding of the Kasiya Project and its development landscape.
    Mr Dylan Browne Company Secretary Apr 2021
    -
    Dylan Browne Company Secretary
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    Bnp Paribas Nominees Pty Ltd Acf Clearstream 96,665,430 17.36%
    Citicorp Nominees Pty Limited 83,943,018 15.07%
    Rio Tinto Mining and Exploration Limited 83,535,510 15.00%
    BNP Paribas Noms Pty Ltd<Drp> 58,615,211 10.53%
    BNP Paribas Nominees Pty Ltd<IB AU Noms RetailClient DRP>II 21,427,173 3.85%
    Arredo Pty Ltd 16,100,000 2.89%
    Mr Julian Rodney Stephens<One Way A/C> 15,657,518 2.81%
    Hsbc Custody Nominees (Australia) Limited 13,492,662 2.42%
    Mr Mark Stuart Savage<Mark Savage Revocable A/C> 12,000,000 2.15%
    Jackhamish Pty Ltd 6,500,000 1.17%
    Mota-Engil Minerals & Mining Investments BV 6,000,000 1.08%
    CPO Superannuation Fund Pty Ltd<C & P O'Connor S/F A/C> 5,728,255 1.03%
    Computershare Clearing Pty Ltd <CCNL DI A/C> 4,909,112 0.88%
    Calama Holdings Pty Ltd <Mambat Super Fund A/C> 4,546,171 0.82%
    Mandel Pty Ltd <Mandel Super Fund A/C> 4,000,000 0.72%
    Mr Samuel Cordin 3,879,413 0.70%
    Mr Collin Francis Davy <The Bush Rat A/C> 3,479,166 0.62%
    Mr Andries Willem Kruger 3,435,162 0.62%
    National Bank Financial Inc<SCP Resource Finance LP A/C 41SEH0A> 2,492,868 0.45%
    Bouchi Pty Ltd 2,426,922 0.44%

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